The CL Crude-analysis Thread - Commodities Futures Trading | futures io social trading
futures io futures trading


The CL Crude-analysis Thread
Updated: Views / Replies:145,441 / 1,919
Created: by tturner86 Attachments:496

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 496  
 
Thread Tools Search this Thread
 

The CL Crude-analysis Thread

  #601 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,225 received

Trading


WilleeMac View Post
My head is not in it today so for now I'm NOT trading

-Bill

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

What do you mean? These lines were supposed to be areas to try long, short? What's not lining up?

Thx



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Reply With Quote
 
  #602 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 679 since Jan 2012
Thanks: 301 given, 600 received


mfbreakout View Post
What do you mean? These lines were supposed to be areas to try long, short? What's not lining up?

Thx

Quickly I will say

Pit folks look for a 50% re-trace, half-way-back, pullback of any move to enter a trade, long or short

In this scenario it would be a re-trace (50%) of yesterday's moon shot. It's not uncommon for a compulsory move to come back (give back) at least half of the move (gains.)

Skull fuck the longs.

I'm not trying to be an ass, please don't take it that way

-Bill_M

EDIT

After typing that, I would say accumulation for distribution (0950amET)

As to who will be the bag holder -long or short- we will see (I'm thinking going long, a minute or two will tell.)

EDIT2

I always pull low to high or high to low, regardless of time frame. Some say that is a backwards Fibonacci pull - however 50% is 50% (yellow line, always the yellow line.)


Last edited by WilleeMac; March 5th, 2015 at 09:58 AM.
Reply With Quote
The following user says Thank You to WilleeMac for this post:
 
  #603 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,225 received



mfbreakout View Post
Looking to go long within todays OR. that's one scenario. Next scenario will be to short on one more flush up above 52. I was hoping for one into the close but no go. Thee most profitable and exciting short for me is when we get couple of flush ups of 200+ ticks.


long 50.98. I am in 40 ticks mode. Scaling some and then holding some for bigger move. It's not fun when it takes 45 minutes of hold time to get paid but that's the way it is.

Chart is from yesterday post.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
The CL Crude-analysis Thread-2015-03-04_1934_long.png  
Reply With Quote
The following 2 users say Thank You to mfbreakout for this post:
 
  #604 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 679 since Jan 2012
Thanks: 301 given, 600 received

I've posted on this before

1000amET, giddy up bitch - will it hold?

-Bill_M

Reply With Quote
 
  #605 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,225 received

Trading

Why i am in 40 ticks mode from the long side so far.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
The CL Crude-analysis Thread-2015-03-05_1005_dx.png  
Reply With Quote
The following user says Thank You to mfbreakout for this post:
 
  #606 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 679 since Jan 2012
Thanks: 301 given, 600 received

My previous post

Look for that spike down to hold short at .25 or .5 of that bar for short

Else, look long above the open of that bar (marker bar)

I does not ALWAYS work, but odds are on my side of + or - (high or low of that bar)

-Bill

EDIT

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


EDIT2

The conundrum

Did it hold, the low of that bar or did it not?

Scalping, always fun filled adventure for you and your neighbors

Reply With Quote
 
  #607 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,225 received

Trading


mfbreakout View Post
long 50.98. I am in 40 ticks mode. Scaling some and then holding some for bigger move. It's not fun when it takes 45 minutes of hold time to get paid but that's the way it is.

Chart is from yesterday post.

Added to longs 51.15 and will add above 51.80 area if new buying comes in. Will keep scaling in between. I am in no mode like Tuesday where i had 40 ticks gains but i kept adding and ended up with 13k loss.

NOTE: Need to go above 51.80 by 40 ticks ( more the better) and then add to longs on pullbacks. Otherwise no add for me.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.

Last edited by mfbreakout; March 5th, 2015 at 10:34 AM.
Reply With Quote
The following 2 users say Thank You to mfbreakout for this post:
 
  #608 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 679 since Jan 2012
Thanks: 301 given, 600 received

Where is e4willims when you want to help it out? (I get it)

Stay nimble, what was short, now is long (vice versa, or as most say vice A versa.)

-Bill

Reply With Quote
 
  #609 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 679 since Jan 2012
Thanks: 301 given, 600 received

It will NOT front run the 50% by that many ticks. So is that a whole number 50 clams in play?

-Bill

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


EDIT

Folks,

0600amET sold off hard.

If you are in New York do you want to sell the lows or buy the lows?

Create new lows in order to buy?

What would you do?

**And half of that move to low came off, go figure (more?)

Reply With Quote
 
  #610 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 679 since Jan 2012
Thanks: 301 given, 600 received


I would like to show something

The lower yellow line (50%) shows a micro long pull which went to a macro short pull (see previous posts)

Is any of this random?

Is any of this illusory?

Is this not a bread and butter 50% retrace, pullback?

You decide

-Bill_M

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


EDIT 1038amET

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote

Reply



futures io > > > > The CL Crude-analysis Thread

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Introducing iSystems with Stage 5 Trading

Apr 27

FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

May

Prototyping Python Strategies (part 2) w/Ran Aroussi

Elite only

Ask Me Anything w/Raymond Deux @ NinjaTrader

May 3

An Afternoon with FIO member Softsoap

Elite only
 

Machine Learning & Data Mining Bias w/Kris Longmore @ Robot Wealth

Elite only

Brannigan Barrett (TBA)

Elite only

FIO member Gomi (TBA)

Elite only

FuturesTrader71 (TBA)

Elite only

EasyLanguage Programming w/Chris @ ABC Trading Group

Elite only

Portfolio Diversification w/Brendon Delate

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
CL Light Crude Analysis TPO/MP/VWAP/VPOC bobarian Commodities Futures Trading 1806 July 17th, 2015 02:39 AM
CL Crude-nalysis indextrader7 Commodities Futures Trading 227 November 4th, 2014 11:47 PM
Why crude oil (CL) trades mostly 1 contract? fyd49 Commodities Futures Trading 8 May 22nd, 2014 03:27 PM
Miscellaneous Statistical Analysis (the big thread) trendisyourfriend The Elite Circle 29 July 15th, 2013 12:51 PM
Big move on crude analysis josh Commodities Futures Trading 4 March 11th, 2011 09:07 AM


All times are GMT -4. The time now is 10:16 PM.

no new posts
Page generated 2017-04-27 in 0.13 seconds with 21 queries on phoenix via your IP 54.80.203.145